E
Seller's Agent in 2019
Edward Lui
Mars Hill Realty Group INC
(571) 766-8438
13 Total Sales
4624 28th Rd S Unit A Arlington, VA 22206
Fairlington NeighborhoodEstimated Value: $383,748 - $540,000
2
Beds
1
Bath
755
Sq Ft
$287/mo
HOA Fee
Highlights
- Open Floorplan
- Colonial Architecture
- Community Pool
- Gunston Middle School Rated A-
- Wood Flooring
- Tennis Courts
About This Home
As of March 2019Are you a savvy investor? This property is currently occupied by wonderful tenants who are about halfway through their current lease, which ends Nov 30, 2019. If you ve ever wanted to diversify your investments into something that is tangible, like real estate, in a major metropolitan area like D.C., this condo is a great start. The timing could not be any better with the news of Amazon s HQ2 coming to the area. Even before the Amazon news, this condo had no trouble renting, taking just 11 days to rent back in 2017. There are very few work orders in the maintenance history, a good sign that the property has been well taken care of with minimal deferred maintenance. Out-of-state? No problem, Mars Hill can help you manage this hassle-free investment and you can just let your money, and your tenant s money, work for you wherever you reside. This is a townhouse-style condo which means it looks like a townhouse from the exterior, but you still have a unit above you and on both sides. The kitchen is located towards the back, which means you can enjoy a nice private dinner in the eat-in kitchen or step outside to the covered patio and dine al fresco. All of the flooring has been upgraded to wood and community amenities include pool, jogging and bike paths, basketball and tennis courts and a dog park. This condo is located in Arlington, VA....close enough to all of the amazing cultural and food diversity found in D.C. while still within the borders of Virginia. From this condo, you are just a 1/2 mile from Four mile run trail and 10 minutes from ground zero of the new Amazon HQ2, Ronald Reagan National Airport and the Pentagon. With proximity to so many public transportation options and metro stops, you can go ahead and be the one car family you've always wanted to be. This premium location translates into more than just convenience, but also a high appreciation potential for the next homeowner or investor.
Last Agent to Sell the Property
(571) 766-8438 mls@marshillvirginia.com Mars Hill Realty Group INC License #3368362 Listed on: 02/26/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,935
Year Built
- Built in 1950
Lot Details
- 28.02
HOA Fees
- $287 Monthly HOA Fees
Parking
- Rented or Permit Required
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 755 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Combination Dining and Living Room
- Wood Flooring
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Privacy Fence
- Central Heating and Cooling System
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 29-003-463
Community Details
Overview
- Association fees include common area maintenance, water, sewer, snow removal, trash
- Low-Rise Condominium
- The Arlington Community
- The Arlington Subdivision
- Property Manager
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2019
Closed on
Mar 16, 2019
Sold by
Dunaway Dennis
Bought by
Weas Trust
Seller's Agent
Edward Lui
Mars Hill Realty Group INC
Buyer's Agent
Phyllis Patterson
TTR Sotheby's International Realty
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,687
Avg. Annual Appreciation
4.64%
Purchase Details
Listed on
Aug 8, 2013
Closed on
Oct 4, 2013
Sold by
Lauren Elizabeth Maimone
Bought by
Dunaway Dennis
Seller's Agent
Sharon Jarrott
Central Properties, LLC
Buyer's Agent
Nakita Mattocks
Exit Realty Alliance
List Price
$296,500
Sold Price
$285,000
Premium/Discount to List
-$11,500
-3.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$270,750
Interest Rate
4.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2002
Sold by
Granger Tiffany
Bought by
Maimone Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,866
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 2, 1998
Sold by
Lehrman Amy B
Bought by
Granger Tiffany S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,350
Interest Rate
6.85%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 19, 1994
Sold by
Gough Jamie
Bought by
Lehrman Amy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
9.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weas Trust | $325,000 | None Available | |
| Dunaway Dennis | $285,000 | -- | |
| Maimone Lauren | $161,500 | -- | |
| Granger Tiffany S | $88,000 | Chicago Title Co | |
| Lehrman Amy B | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dunaway Dennis | $270,750 | |
| Previous Owner | Maimone Lauren | $157,866 | |
| Previous Owner | Lehrman Amy B | $86,350 | |
| Previous Owner | Lehrman Amy B | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2019 03/20/19 | Sold | $325,000 | +1.6% | $430 / Sq Ft | |
| 03/03/2019 03/03/19 | Pending | -- | -- | -- | |
| 02/26/2019 02/26/19 | For Sale | $320,000 | 0.0% | $424 / Sq Ft | |
| 11/12/2017 11/12/17 | Rented | $1,750 | 0.0% | -- | |
| 11/12/2017 11/12/17 | Under Contract | -- | -- | -- | |
| 11/03/2017 11/03/17 | For Rent | $1,750 | 0.0% | -- | |
| 10/07/2013 10/07/13 | Sold | $285,000 | -1.7% | $377 / Sq Ft | View Prior Sale |
| 09/17/2013 09/17/13 | Pending | -- | -- | -- | |
| 09/06/2013 09/06/13 | Price Changed | $289,900 | -2.2% | $384 / Sq Ft | |
| 08/08/2013 08/08/13 | For Sale | $296,500 | -- | $393 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,893 | $376,900 | $58,100 | $318,800 |
| 2024 | $3,828 | $370,600 | $58,100 | $312,500 |
| 2023 | $3,754 | $364,500 | $58,100 | $306,400 |
| 2022 | $3,754 | $364,500 | $58,100 | $306,400 |
| 2021 | $3,633 | $352,700 | $58,100 | $294,600 |
| 2020 | $3,395 | $330,900 | $39,300 | $291,600 |
| 2019 | $3,123 | $304,400 | $39,300 | $265,100 |
| 2018 | $2,935 | $291,800 | $39,300 | $252,500 |
| 2017 | $2,792 | $277,500 | $39,300 | $238,200 |
| 2016 | $2,800 | $282,500 | $39,300 | $243,200 |
| 2015 | $2,814 | $282,500 | $39,300 | $243,200 |
| 2014 | $2,766 | $277,700 | $39,300 | $238,400 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Lui
-
Phyllis Patterson
Buyer's Agent in 2019
Phyllis Patterson
TTR Sotheby's International Realty
(703) 310-6201
5 in this area
537 Total Sales
-
B
Buyer's Agent in 2017
Beth Click
Beltran & Associates Realty LLC
-
Sharon Jarrott
Seller's Agent in 2013
Sharon Jarrott
Central Properties, LLC
(703) 625-8162
28 Total Sales
-
Nakita Mattocks
Buyer's Agent in 2013
Nakita Mattocks
Exit Realty Alliance
(571) 330-2484
40 Total Sales
Map
Source: Bright MLS
MLS Number: VAAR139376
APN: 29-003-463
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